Professional Indemnity Insurance is often referred to as PI Insurance. Any professional that provides tailored advice to a client or customer should consider taking out Professional Indemnity Insurance.
When deciding to take out PI Insurance you must provide the provider with a review of your business operations such as the services you want covered and the revenue you expect to derive from these seperate services. You should also decide what the level of cover is you require, generally most providers will offer cover from $1m and above. Obviously the higher the cover the higher the cost of the premium.
If you would like more information on PI Insurance than click through to the BGI Brokers PI Insurance webpage below or contact us today for a no obligation review of your insurance requirements.